How to Stake Carry (CRE) for better returns

Introduction

Staking Carry can be an excellent choice for individuals looking to hold CRE while earning APY in a secure manner and supporting the network. The process may seem a bit overwhelming, particularly for first-time users. That's why we have created this comprehensive guide to assist you.

Step-by-Step Guide

1. 1. Acquire Carry (CRE) Tokens

   To stake Carry, you first need to acquire it. To obtain Carry, you can purchase it from these well-known exchanges.

   平台	Coin	Price
   Gate.io	Carry (CRE)	0.0002083 APY

2. 2. Select a Carry Wallet for Your Needs

   Once you have CRE, you'll need to select a Carry wallet to securely store your tokens. Here are some excellent options to consider.

   平台	Coin	Staking returns
   Stakewolle	Carry (CRE)	Up to 13.52% APY

3. 3. Delegate Your CRE for Enhanced Returns

   We recommend utilizing a staking pool when staking CRE. It is more straightforward and quicker to get started. A staking pool consists of a collective of validators who pool their CRE, enhancing their chances of validating transactions and earning rewards. You can easily manage this through your wallet's interface.

4. 4. Begin Verification

   You will need to wait for your deposit to be confirmed by your wallet. Once it is confirmed, you will automatically validate transactions on the Carry network. For these validations, you will be rewarded with CRE.

What to Consider in the Chinese Market

When engaging in transactions and participating in staking pools, it's important to factor in the associated fees. Additionally, there may be a waiting period before you begin to receive rewards. The staking pool must successfully generate blocks, which can require some time to accomplish.